Blue Water Systems is analyzing a project with the following cash flows. Should this project be accepted based on the discounting approach to the modified internal rate of return if the discount rate is 14 percent? The MIRR is 17.85 percent.
The year 0 cash flow is 236000, year 1 cash flow is 137400, year 2 cash flow is 189300, year 3 cash flow is -25000
What is the terminal value and pv cost and how MIRR comes from, can help calculate the terminal value and PV cost and get the answer if MIRR?